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Ethereum 2 could be a possible solution.

  • Thread starter Thread starter ahmedo24
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ahmedo24

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In few weeks from now ethereum version 2 will be launched and it is expected that when it is launched about $300 million of ethereum will be deposited in it there making transaction speed to be faster, reduction in selling pressure and low transaction fee. This is expected.to to help ethereum cross the $600 mark. What's your view?
 
I personally don't think it will be successful, like the first ethereum.
 
I think Ethereum 2.0 may do well than many people actually think. However, it is not definitive until it is launched and we are able to see how the market responds to it. As per helping ETH to thrive, I really don't think so.
 
Etherium 2 will be superb if its lunched by the same platform that brought Etherium to limelight. They will likely want to help the coin to arrive on time. I'm sure, things will work out fine for Etherium 2. But my question is that, how will people mine such coin? I know its not a coin if there is no airdrop.
 
Anything to improve on Ethereum is good for all cryptocurrencies enthusiast like me, atleast they are piling up some pressure on Bitcoin, that is a good one from Ethereum.
 
Ethereum 2.0 will be one of the main updates of the Ethereum network for the accompanying reasons.

Ethereum 2.0 will drastically change the world's biggest keen agreement stage.

Ethereum 2.0, incorporates the consequences of the new framework's monetary plan on coin supply, speed and worth.

Ethereum 2.0 will basically profit the adaptability, throughput, and security of the Ethereum public mainnet.
 
Haven't really given a thought to ethereum like that, but with this present news might give it a close look. But for someone already into bit coin its a bit difficult going into ethereum because bit coin has been rallying real strongly. But then ethereum might be on an explosive journey of its own, so its better to monitor it for now. Playing it safe I will say a minor investment might be good with the intention of getting more if it booms in the nearest future.
 
ETH 2.0 was launched with keeping in mind about the gas fee reduction. However, I have not used ETH and do not know if the transaction costs are actually reduced with ETH 2.0
 
Ethereum 2.0 has been already launched but the launch of the better version (in terms of speed and transaction cost) did not help ethereum to reach $6000. Ethereum could not even stay on its all time high price for long
 
The ethereum transaction gas fees is significantly reducing with Ethereum 2.0 , the fees was even more than $10 sometimes for a small transaction with ethereum.
 
I don't think the move is a great one seeing how Ethereum is strongly itself. Although the competition to track bitcoin is huge, it is not going to be achieved by creating another sub coin
 
Well we can't say until it finally comes into the market. There have been lots of high expectations about this new Ethereum coming into the market. Let's watch and see how it goes
 
ETH 2.0 is not really getting profitable like the first one but I would still consider it a success because what it was initially set up for which is lower transaction fee is working well
 
ahmedo24 said:
In few weeks from now ethereum version 2 will be launched and it is expected that when it is launched about $300 million of ethereum will be deposited in it there making transaction speed to be faster, reduction in selling pressure and low transaction fee. This is expected.to to help ethereum cross the $600 mark. What's your view?
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After the project has been launched , I have realized that the transaction fee is just as normal as transacting with any other cryptocurrency because the transaction fee is reduce, a lot of people were just afraid of the transaction fee and ever since then the coi has increased significantly.
 
Its has been a long time ever since I use ethereum for transaction. A lot of people were not particularly interested in ethereum because of the fact that they have to pay so much as transaction fee.
 
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